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I need to figure out the principal P is borrowed at a simple interest rate r for a period of time t. Find the simple

I need to figure out the principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume there are 360 days in a year and round answers to the nearest cent.

P= $5000

r= 2.5

t= 9

I don't understand how to set up and solve.

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